Press release
Global Leuprolide Acetate Market: Rising Pool of breast and prostate cancer Patients to Fuel Market’s Growth
Leuprorelin or leuprolide acetate is a GnRH analog promoted under the exchange names Lupron among others. Uses include the treatment of breast cancer and prostate cancer. It is on the WHO Model List of Essential Medicines, the most important medication required in a fundamental wellbeing system.
Leuprorelin being on the WHO Model list of essential medicine the scope of the Global Leuprorelin market is immense. Receiving approvals and standard ratings from various entities across the globe the leuprolide acetate market is very lucrative. Leuprolide Acetate’s chemical formula is C59H84N16O12
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Leuprolide Acetate Market Segmentation:
The global Leuprolide Acetate market can be segmented on the basis of:
End Users:
• Hospitals
• Medical Institutions
• Clinics
Delivery:
• Injection( 4 weeks)
• Depot (3 to 6 months)
• Vaidur (implant- 12 months)
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Leuprolide Key Market Driver:
Increasing number of cases of Prostate cancer among individuals specifically aged individuals and breast cancer among females has been a key market driver for the Global Leuprolide market. Increasing use for the purpose of pedophilia treatment has also stemmed a certain amount of demand, among others application in veterinary treatment is another factor which adds to the growth of Leuprolide Acetate market.
Leuprolide Acetate market regional analysis:
Europe:
With Europe topping the list of number of individuals suffering of prone to prostate and breast cancer published by World Cancer Research fund the European market for Leuprolide Acetate market becomes very lucrative. Increasing number of cancer patients in Europe, and steady increase in the number of medical professionals in Europe significantly contributes to the growth of the leuprolide market. Constant focus on innovation and strict government regulations ensure high quality of products delivered to the end users which ensure further growth in the European market.
North America:
Increasing population of aged individuals in North America is one of the key factors which will drive the demand for leuprolide acetate market in this region. Heavy investment in Research and development and development of new techniques has resulted in better care for the patients and understanding for the medical professionals. Increase in the literacy rate has resulted in demand for better standards and quality end products which will further fuel the demand in the leuprolide acetate market in the North American region.
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